Videogame sales reach all-time high

Published on January 25, 1999.

U.S. videogame retail sales hit an all-time high of $6.3 billion last year, according to a study being released today by NPD Group. Sales of videogames grew by 22% over the previous year. Sony's PlayStation had 12 of the top 20 software titles; Nintendo had eight. NPD predicted a further 10% to 15% increase in 1999.